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Investing.com -- South Korea’s antitrust regulator reportedly conducted an unannounced inspection at Arm Holdings Plc’s Seoul offices this week as part of an ongoing investigation into the company’s licensing practices.
The Korea Fair Trade Commission visited the chip designer’s offices as part of its inquiry into Arm’s business conduct, according to a Bloomberg report on Wednesday that cited people familiar with the matter.
The regulatory scrutiny reportedly stems partly from a complaint filed by Qualcomm Inc. Qualcomm has alleged that Arm is harming competition by restricting access to its technology after having operated an open network for more than two decades.
Arm, which designs semiconductor technology used in most modern smartphones and many other devices, has become a critical player in the global chip industry.
The company’s intellectual property licensing model has come under increased regulatory attention in recent markets.
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